1. Wayne Company Ltd. makes and sells block-notes. The company purchases paper for $800 and glue for $200.

The previous year, Wayne Company Ltd. sold 2000 block-notes at $1.50 each. Calculate the inventory ratio.

2. RoBags Company Ltd. manufactures bags for kids. Given the following: Cost of the goods sold is $2,900, the purchase price for leather is $1,200, and the inventory amounts to $300, calculate the days sales in inventory.

3.

Use the provided material to answer the subsequent questions. Vandox Company Ltd is a company looking to secure a loan with a commercial bank. The following details are available: 1. Interest expense = $58,000 2. Earnings = $215,000 3. Total liabilities = $143,000 4. Total assets = $450,000 5. Total equity = $29,000 Calculate the interest expense ratio.Vanda-x Company Ltd is a company looking to secure a loan with a commercial bank' The following details are available: 1. Interest expense = $58,000 2. Earnings I $215,000 3. Total liabilities = $143,000 4. Tone! assets = $450,000 5. Total equity = $29,000 Calculate the debt ratio. Vandox Company Lid is a company looking to secure a loan with a commercial bank. The following details are available: 1. Interest expense = $58,000 2. Earnings = $215,000 3. Total liabilities = $143,000 4. Total assets = $450,000 5. Total equity = $29,000 Calculate the debt-to-equity ratio